Autopilot
Automated Trading
Selecting Indicators
The indicator drop down list provides you with a list of available indicators for the active chart. If this box is blank, or does not have the indicator that you want, it’s because you have not yet turned on the indicator from within Track ‘n Trade for the selected chart.
To turn on an indicator within Track ‘n Trade, right click on the screen, and click “Chart Overlay,” or “Add Indicator Window.”
To change the settings of an indicator, click the “Preferences Tab.” If the settings pertaining to your particular indicator are not displayed, then simply click on the indicator in the lower panel, or click the preferences tile in the lower right corner of the price column, any changes made to the indicator will be immediately reflected in the Autopilot’s lower statistical performance analysis window.
You can also select a “Conditional Indicator” from its corresponding drop down menu. Again, it must be active on the selected chart before it will appear in the analysis window; any indicator within Track ‘n Trade can be used as a “Conditional Indicator.” The rules for applying the conditional indicator to your trading strategy are as follows:
If your conditional indicator throws a buy, or sell arrow in the same direction as the primary indicator, and those two arrows fall within the margin of error listed in the (+) Plus or (-) Minus boxes, then Track ‘n Trade will execute a position. If the two indicators are not in agreement, by the margin of error, then no position will be executed.